The strategic management system that translates an organization's mission and strategy into operational objectives and performance measures is
A) activity-based management.
B) responsibility accounting.
C) strategic accounting.
D) cost information management.
E) Balanced Scorecard.

Question

Quizplus · Accepted Answer

The system that translates an organization's mission and strategy into operational objectives and performance measures is known as the Balanced Scorecard. It is considered a strategic management tool that helps organizations align their activities with their mission and overall strategy. The Balanced Scorecard incorporates financial and non-financial measures and objectives, allowing for a comprehensive evaluation of an organization's performance.

The Strategic Management System That Translates an Organization's Mission and Strategy